Reserve Bank of Australia

US Senators struck an optimistic tone following talks on Monday, leading many to believe that a deal to reopen the government and avoid default was right around the corner. Senate Majority Leader Harry Reid hinted at the possibility of a deal on Tuesday saying, “We hope that with good...

Top News Speculation around whether or not the US Federal Reserve will begin tapering its stimulus program remained in the spotlight and has kept investors from making any aggressive moves. In other news around the markets: The US manufacturing sector has been making a comeback and could...

The Reserve Bank of Australia (RBA) overnight cut its benchmark interest rate from 2.75 percent to 2.5 percent. The cut brings the rate to another record low as the RBA struggles to prop up the economy despite the drop in the resource sector due to a slowing China. Pick-Up Next Year "Recent...

Futures Lower On Chinese Growth, Italian Political Fears U.S. equity futures slipped in early pre-market trade Monday as China's economy took a setback in March and Italy's political crisis flared over the weekend. China's manufacturing sector grew slower than expected in March, with the official...

Next week, investors eyes will be on the economy as well as some key company earnings as markets attempt to continue to make new highs. In the past week, the S&P 500 Index breached its previous closing high of 1,565.40. Investors now look to economic indicators as to the next move for markets...

Futures Rise After Australian Employment, ECB Report U.S. equity futures traded slightly higher in early pre-market trade following stronger than expected Australian employment data and also dovish comments from the ECB in its Monthly Bulletin. The ECB sees the eurozone economy stabilizing in 2013...

Futures Rise on Global Strength U.S. equity futures rose in early trade as Asian shares rallied and European shares traded mixed. Eyes are on earnings globally as the economic calendar was rather light overnight. Top News In other news around the markets: China's Ministry of Commerce issued a...

Futures Rise on Earnings, German Sentiment U.S. equity futures rose in pre-market trading following continued strong earnings and a better than expected report on German business confidence. The IFO Business Climate Index rose to 104.2 in January from 102.4 in December, better than economists...

Futures Flat Following Wall Street Sell Off U.S. equity futures were flat in pre-market trading Tuesday following Monday's late day sell off. Stocks teetered around flat for most of the day Monday but sold off into the close on fears that a Fiscal Cliff deal is still a long ways away. Also, the...

This week, five key central banks are expected to release their updated interest rate decisions and comment on the state of both domestic economies. The European Central Bank and the Bank of England should steal the headlines and attract the most attention, however the Reserve Bank of Australia,...

Futures flat on France downgrade. U.S. equity futures were flat in pre-market trading following the Moody's downgrade of France to Aa1 from Aaa, or one notch. Moody's also left the rating on negative watch, citing a worsening growth outlook for Europe's second largest economy. Moody's is the...